Monday, 13 May 2019

FTSE 100 Outlook – 200-day in Play but May Not Matter

Last week, the FTSE decisively broke trend support and is trading around the 200-day MA; it may not be a meaningful level as global markets continue to weaken.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...